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Jan 20, 2013
01/13
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WBAL
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head to the private economy page of wbal-tv.com. >>> 11 news reporter has the weekend blam berg business repo -- bloomberg business report. >> get ready to pay more for groceries. a drought can wreak havoc on food prices again. the drop that sent some crop prices to records over the summer could stretch into the second year. as we get ready to celebrate the life and legacy of dr. martin luther wing jr. on monday it has hurt people of color with overall economic well-being toward blacks and latinos. are you looking for a new home? how about the husband on 1600 pennsylvania avenue. according to the real estate firm they have an estimated value of nearly $295 million. in theory as a potential fooibu 30 year fixed mortgage rate 20 percent down payment that works out to 1.1 million a month for the 35 bathroom house. but if the obama's wanted to rent out the white house to another family tenants could expect to pay more than $1.75 million per month in rent. that's pretty pricey. >> now at the new york stock exchange with the wind burg on the weekend report for wbal 11 news. >>> new restaurants
head to the private economy page of wbal-tv.com. >>> 11 news reporter has the weekend blam berg business repo -- bloomberg business report. >> get ready to pay more for groceries. a drought can wreak havoc on food prices again. the drop that sent some crop prices to records over the summer could stretch into the second year. as we get ready to celebrate the life and legacy of dr. martin luther wing jr. on monday it has hurt people of color with overall economic well-being toward...
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Jan 21, 2013
01/13
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CNBC
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what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ ♪ [ male announcer ] some day, your life will flash before your eyes. make it worth watching. introducing the 2013 lexus ls. an entirely new pursuit. let's say you pay your guy around 2% to manage your money. that's not much you think. except it's 2% every year. does that make a difference? search "cost of financial advisors" ouch. over time it really adds up. then go to e-trade and find out how much our advice costs. spoiler alert: it's low. really? yes, really. e-trade offers investment advice and guidance from dedicated, professional financial consultants. it's guidance on your terms, not ours. that's how our system works. e-trade. less for us. mor
what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ ♪ [ male announcer ] some day, your life will flash before your eyes. make it worth...
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Jan 21, 2013
01/13
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CNBC
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the entire economy has suffered from the fall of lehman brothers. >> so the whole world? >> yes, the whole world. >> when lehman brothers collapsed, 26,000 employees lost their jobs, and millions of investors lost all or almost all of their money, triggering a chain reaction that produced the worst financial crisis and economic downturn in 70 years. anton valukas' job was to provide the bankruptcy court with accurate, reliable information that the judges could use to resolve the claims of creditors picking over lehman's corpse. had you ever done anything like this before? >> i've never done anything like lehman brothers. i don't think anybody else has ever done anything like lehman brothers. >> so your job, i mean, in some ways, your job was to assess blame? >> our job is to determine what actually happened, put the cards face up on the table, and let everybody see what the facts truly are. >> valukas' team spent a year and a half interviewing hundreds of former employees and pouring over 34 million documents. they told of how lehman bought up huge amounts of real estate
the entire economy has suffered from the fall of lehman brothers. >> so the whole world? >> yes, the whole world. >> when lehman brothers collapsed, 26,000 employees lost their jobs, and millions of investors lost all or almost all of their money, triggering a chain reaction that produced the worst financial crisis and economic downturn in 70 years. anton valukas' job was to provide the bankruptcy court with accurate, reliable information that the judges could use to resolve...
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Jan 20, 2013
01/13
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KGO
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it could economy kairt boeing's attempts to return the dreamliner to the air as investigators widen their search for a root cause. >>> now, the 787s were grounded before any accidents occurred but the recent fires had led some aviation experts to call for changes at the faa, questioning if the way the agency currently approves planes is keeping up with fast-moving technology, ron. >> okay, mark, thanks very much for that report on the continuing woes of the 787 dreamliner. >>> five were injured in three separate accidental shootings at gun shows on saturday. people were forced to run for cover after two bystanders were hurt at a show in north carolina when a shotgun discharged as its owner took the gun out of the case. the other incidents were in ohio and indiana. none of the injuries is life-threatening though. >>> new details this morning about that u.s. navy ship that ran aground on a coral reef in the philippines. the navy says the "uss guardian minesweeper" was using a faulty map that had the reef in the wrong spot. all 79 officers and crew have now left the ship after two days tryin
it could economy kairt boeing's attempts to return the dreamliner to the air as investigators widen their search for a root cause. >>> now, the 787s were grounded before any accidents occurred but the recent fires had led some aviation experts to call for changes at the faa, questioning if the way the agency currently approves planes is keeping up with fast-moving technology, ron. >> okay, mark, thanks very much for that report on the continuing woes of the 787 dreamliner....
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Jan 20, 2013
01/13
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KGO
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. >> they will not collect a ransom in exchange for not crashing the economy. >> we talk to white house strategist david plouffe and our powerhouse roundtable, abc's george will, matthew dowd and cokie roberts plus former michigan governor, jennifer granholm, for the democrats and former presidential candidate rick santorum for the republicans. ♪ plus, how will the inaugural set the tone for the second term? we ask the star co-chairing the president's committee. eva longoria joins us live.
. >> they will not collect a ransom in exchange for not crashing the economy. >> we talk to white house strategist david plouffe and our powerhouse roundtable, abc's george will, matthew dowd and cokie roberts plus former michigan governor, jennifer granholm, for the democrats and former presidential candidate rick santorum for the republicans. ♪ plus, how will the inaugural set the tone for the second term? we ask the star co-chairing the president's committee. eva longoria joins...
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Jan 21, 2013
01/13
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KGO
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the president still faces a slow-growing economy and high unemployment. but there are signs things are turning around. real estate is starting to rebound. and the dow recently hit a five-year high. >> we are poised for a good year. if we make smart decisions and sound investments. and as long as washington politics don't get in the way of america's progress. >> reporter: and now, the man who ran the president's re-election campaign is hoping to reform it into a grassroots army to support the president's agenda for a second term. >> we have hundreds of thousands of neighborhood team members and leaders in every state of the union. we're going to work across party lines to get some things done. >> reporter: four years ago, the president promised to rise above partisan politics. >> on this day, we come to proclaim an end to the petty grievances and false promises, the recriminations and wornout dogmas that strangle our policies. >> reporter: it was a promise unfulfilled, as washington became more divided. this time around, he's going to try to directly appea
the president still faces a slow-growing economy and high unemployment. but there are signs things are turning around. real estate is starting to rebound. and the dow recently hit a five-year high. >> we are poised for a good year. if we make smart decisions and sound investments. and as long as washington politics don't get in the way of america's progress. >> reporter: and now, the man who ran the president's re-election campaign is hoping to reform it into a grassroots army to...
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Jan 21, 2013
01/13
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KGO
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we talk about jobs and the economy. if dr. king were alive today, he would press president obama to end the inequality in our country to address poverty. those are universal now because poverty is a white issue, as well as a black and hispanic issue, as well. >> cokie pointed out. this is when we try to set aside our political differences. that's some of the unfinished business of president obama's first term. >> the main part of the unfinished business of his first term had to do with the divisions in this country. he said he was going to bring the country together, and unify the country. but as we sit here today -- and this is what makes the difference between the first and the second term. the first term is always about hope. the second term is hard work. it's like the difference between each of the two campaigns. it's a huge thing you see the difference in, the president, last time, when he took the inauguration, had a 68% approval rating on inauguration day. today, he has 52%. and there's a section of the country that doe
we talk about jobs and the economy. if dr. king were alive today, he would press president obama to end the inequality in our country to address poverty. those are universal now because poverty is a white issue, as well as a black and hispanic issue, as well. >> cokie pointed out. this is when we try to set aside our political differences. that's some of the unfinished business of president obama's first term. >> the main part of the unfinished business of his first term had to do...
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Jan 16, 2013
01/13
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KGO
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it's going to be just enormous for our economy. >> it's the largest company in world's history, walmart. they sell more food than -- food -- than any company in the world. >> i had no idea. >> that's how massive it is. 1.6 million employees. >> i think this could really make a difference in our economy. we need it. >>> all right. coming up, what happens when two retirees head to prison with their knitting kits. >> we'll show you those doing hard time with needles and yarn. you can't miss that. stay tuned. you're watching "world news now." stay tuned. you're watching "world news now." ♪ >>> good musical choice, huh? good musical choice. >> good stuff. all right. when you think about criminals serving time behind bars, you probably figure they're pumping iron or shooting hoops. >> and knitting is probably the last thing that comes to mind. two retirees are turning convicts into converts with yarn. here's abc's t.j. winnick with more. >> reporter: barbed wire fences, watchman towers, and a group of men with felony convictions. >> armed kidnapping. >> attempted murder. >> reporter: but li
it's going to be just enormous for our economy. >> it's the largest company in world's history, walmart. they sell more food than -- food -- than any company in the world. >> i had no idea. >> that's how massive it is. 1.6 million employees. >> i think this could really make a difference in our economy. we need it. >>> all right. coming up, what happens when two retirees head to prison with their knitting kits. >> we'll show you those doing hard time with...
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Jan 17, 2013
01/13
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KGO
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we don't really see ourselves with kids in our 20s. >> maybe it's the economy. people with making sure they have enough for themselves first. >> we peaked in california in 1990. >> reporter: dell myers from usc sees a convergence of troubling trends. on top of a declining birthrate, there is a growing senior population. that means a shortage of doctors and caregivers in the supply pipeline to serve the aging. >> basically, there's almost twice as many seniors now per working-age person, or there will will, than tha there have been traditionally. >> reporter: aggravating factors are declining education opportunities and a higher cost of living in california. fewer people are coming to the state, including undocumented workers. myers says the state needs all of them, including the dream act students. >> now they're going to say this. because without the immigrant kids, we would be in a deep hole. >> reporter: a worst case scenario, an eroding tax base. the government demanding more from lower income people. and the future of this baby, a potential revolt. >> this
we don't really see ourselves with kids in our 20s. >> maybe it's the economy. people with making sure they have enough for themselves first. >> we peaked in california in 1990. >> reporter: dell myers from usc sees a convergence of troubling trends. on top of a declining birthrate, there is a growing senior population. that means a shortage of doctors and caregivers in the supply pipeline to serve the aging. >> basically, there's almost twice as many seniors now per...
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Jan 21, 2013
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can transpire over the next four years and how that plays into his agenda which is gun control, the economy, health care overhaul. >> and foreign policy is always an issue. so you have the arab spring. most people think that that could be ushering a lot of democracy into the middle east, but we don't know. there's still a lot of tension there. that's going to be an issue for him, as well. >> the plate is full. so enjoy the party today, because the work starts tomorrow. in fact, some republicans are having a little retreat in vegas right now to get out of d.c. so hopefully the partisanship eases a little bit. >> about 100 of them have departed. >> never dull. >>> also some other news this morning, we want to wish our friend and colleague barbara walters a speedy recovery. she was hospitalized saturday after a minor fall in washington. barbara, who is now 83 years old, fell on the stairs at the british ambassador's residence and cut her forehead. she is alert and telling everyone what to do, which is a good sign. she's in the hospital for tests and for some observation. and will not be unfort
can transpire over the next four years and how that plays into his agenda which is gun control, the economy, health care overhaul. >> and foreign policy is always an issue. so you have the arab spring. most people think that that could be ushering a lot of democracy into the middle east, but we don't know. there's still a lot of tension there. that's going to be an issue for him, as well. >> the plate is full. so enjoy the party today, because the work starts tomorrow. in fact, some...
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Jan 19, 2013
01/13
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FOXNEWS
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. >> heather: let's talk about the economy. the president starts his new term. less than 1% rate it as excellent. 9% say it's good shape. that is up a touch from his first inauguration but 91% of voters say economic conditions negatively today. why are we here again? >> you have to wonder. i point you back to november the conditions haven't changed all that much in two months. i would imagine that those exact numbers were the same on election day, and the american people not only re-elected the president but gave us the same senate in the house as we had before. so as much as they are saying economy isn't going well, when they had an opportunity to change things they voted for more of the same. >> heather: you mentioned congress, finally two polls dealing with that. first since president obama was re-elected, 30% think he has been more bipartisan in working with congressional republicans, 55% the majority says he has been more confrontational? >> i think some of the number for confrontational they are saying that as a positive. certainly democrats want him to be
. >> heather: let's talk about the economy. the president starts his new term. less than 1% rate it as excellent. 9% say it's good shape. that is up a touch from his first inauguration but 91% of voters say economic conditions negatively today. why are we here again? >> you have to wonder. i point you back to november the conditions haven't changed all that much in two months. i would imagine that those exact numbers were the same on election day, and the american people not only...
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Jan 17, 2013
01/13
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FOXNEWS
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this is a direct attack on a critical element of algeria's economy. i think as bill said a moment ago, the islamists have been present in algeria for some time. 20 years ago they won the elections there. the military had to come in to take over the government to prevent them from assuming power. this phenomenon didn't happen overnight. it has been building in the arab world. rise of fundamentalist islam, the rise of radical politicized islam. we've seen its manifestation in a number of different ways including al qaeda. but it is broad and it's deep and the idea we can simply say as we've done the past four years the on terror is over, al qaeda is defeated, we don't have to worry about it, we can cut our defense budget without limit, we're seeing right now, right in front of us the danger of this kind of thinking. martha: what should we do? you know, if americans are still being held and this is a very fuzzy situation right now what should the reaction be? >> i think we need to get some clarity what's going on the ground but i think what it also shows
this is a direct attack on a critical element of algeria's economy. i think as bill said a moment ago, the islamists have been present in algeria for some time. 20 years ago they won the elections there. the military had to come in to take over the government to prevent them from assuming power. this phenomenon didn't happen overnight. it has been building in the arab world. rise of fundamentalist islam, the rise of radical politicized islam. we've seen its manifestation in a number of...
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Jan 21, 2013
01/13
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FOXNEWS
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the economy is sluggish. international challenges put a damper on many things. the president has a lot of work to do and a lot of battles ahead with republicans. they expect it could be significantly smaller. instead of 1.8 four years ago. they lowered the crowd estimates. originally 600 to 800,000. yesterday we were infirmed organizers think maybe closer to 500 to 700. only perhaps a quarter of the size of four years ago. of those here no less enthusiasm. bill, martha. bill: history will show you the beginning of second term, sometimes you get 250, 300,000 at the high end. carl, we'll talk to you later this morning. carl cameron on the mall. martha? martha: people who are here are very enthusiastic and excited to be part of this big day. no doubt that means very tight security here in washington as well. there will be extra air and boat patrols around the city along with checkpoints and metal detectors along the parade route. 2000 police officers from 0 states are helping with security. lined up motorcycles behind us on the parade route. more than 6,000 members
the economy is sluggish. international challenges put a damper on many things. the president has a lot of work to do and a lot of battles ahead with republicans. they expect it could be significantly smaller. instead of 1.8 four years ago. they lowered the crowd estimates. originally 600 to 800,000. yesterday we were infirmed organizers think maybe closer to 500 to 700. only perhaps a quarter of the size of four years ago. of those here no less enthusiasm. bill, martha. bill: history will show...
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Jan 15, 2013
01/13
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FOXNEWSW
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north carolina's economy is based on a 1930 manufacturing base. unfortunately after we've studied this for the last six to eight months we've noticed serious problems, and that declining in me yan housing income. increased poverty and also a very high unemployment rate, none of which reflect a good economic environment. our goal is to have economic growth and create jobs. that's what we were elected to do. bill: we've seen in other states, florida for years, texas as well. what you would do is you would tax things that are currently not being taxed by the state, such as certain legal fees, accounting fees, spa services, and food. ultimately what would you get out of it? >> well, you have to look at some serious points. consumption-based sales and use tax very broad based on both goods and service efs is s is a very good economic driver as compared to the negative effect of income taxes which is a detriment to economic growth and jobs. what we believe is to expand the sales tax basin to goods and services, that is something that would absolutely cr
north carolina's economy is based on a 1930 manufacturing base. unfortunately after we've studied this for the last six to eight months we've noticed serious problems, and that declining in me yan housing income. increased poverty and also a very high unemployment rate, none of which reflect a good economic environment. our goal is to have economic growth and create jobs. that's what we were elected to do. bill: we've seen in other states, florida for years, texas as well. what you would do is...
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Jan 16, 2013
01/13
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FOXNEWSW
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there are things we could do right off the bat and get the economy under control and save the future for our children and grandchildren. martha: it's a very interesting idea to hold members of congress accountable for the increase in the budget that i think everybody agrees is out of control. sir, thank you. good luck. check back in with us. let us know how itor you okay. >> we will. have a great day. bill: $7 billion for travel. back to portland, the man who rescued this woman just talked to our fox affiliate. that is the guy right there in the middle of your screen, listen to how he described the extraction that just took place. roll this. >> she was in good spirits. cold, obviously. she is up against two cold pieces of concrete. we just assured her we were doing everything we could to get her out and we would get her out as soon as possible and we weren't going home without her. and that was it. >> you you know i really didn't get a good understanding of how she got herself stuck in there. [inaudible] >> yeah, yeah, she worked really hard to help us get out of there. we used some
there are things we could do right off the bat and get the economy under control and save the future for our children and grandchildren. martha: it's a very interesting idea to hold members of congress accountable for the increase in the budget that i think everybody agrees is out of control. sir, thank you. good luck. check back in with us. let us know how itor you okay. >> we will. have a great day. bill: $7 billion for travel. back to portland, the man who rescued this woman just...
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Jan 21, 2013
01/13
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KQED
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. >> he has seen the economy come up again, and the employment -- unemployment rate is still too high but i think this will improve. we're out of iraq and we are changing our policy in afghanistan, and osama bin laden is dead. the president has made a commitment to education and he is running with a 52% approval rate, and this is a good start for a second term. >> what about the critics of the president to say that the deficit has grown and he has not put his weight behind climate change. in his first address, he mentioned climate change three times. and there are still problems in the country and the criticism -- is that he has given a fabulous speech but has not followed through. >> i think some of the criticism is fair but you have to also talk about his initial priorities or challenges. he is really committed to doing something about this in the second term. the deficit is one of the most difficult issues and the president -- he does not sign the appropriation bills until they are passed by congress. and this is not something that the president can do alone. it is the congress dec
. >> he has seen the economy come up again, and the employment -- unemployment rate is still too high but i think this will improve. we're out of iraq and we are changing our policy in afghanistan, and osama bin laden is dead. the president has made a commitment to education and he is running with a 52% approval rate, and this is a good start for a second term. >> what about the critics of the president to say that the deficit has grown and he has not put his weight behind climate...
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Jan 13, 2013
01/13
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CSPAN2
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in her time and important new book, "regulating to disaster: how green jobs are damaging america's economy." in it, she subjects the assumption and policies which led to such a faded federal investments as solyndra solar panel manufacture as was that a 123 collector car battery manufacture to a waiting analysis which we of the institute have come to expect from this oxford trained economist who served as chief of staff for the council of economic advisers. sorry. during the administration of president george w. bush. in her book, she helps us understand why the failures of such direct investments in private firms are both significant problems in themselves and cautionary tales for those who would have the government rather than private investors allocate capital. the publication that regulates the disaster caps diane mr. shear as an institute senior fellow, i'll year in which has been prolific and influential. cited by reuters reporters, talk show host, across the country. i think in particular of her many, many contributions to our series called issues 2012, ranging from her analysis demo
in her time and important new book, "regulating to disaster: how green jobs are damaging america's economy." in it, she subjects the assumption and policies which led to such a faded federal investments as solyndra solar panel manufacture as was that a 123 collector car battery manufacture to a waiting analysis which we of the institute have come to expect from this oxford trained economist who served as chief of staff for the council of economic advisers. sorry. during the...
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Jan 13, 2013
01/13
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CSPAN2
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he also exploits what this could mean for the global economy. this is a little under an h
he also exploits what this could mean for the global economy. this is a little under an h
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Jan 20, 2013
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found out about fdr's misbehavior one of which are fdr out of office and demanded his visit nation economy was recovering? on way back to the french and indian war. the young george washington was writing romantic letters to a woman who was not mrs. washington. name is sally fairfax, an attractive, older sophisticated neighbor. what if washington's letters have become public during the french and indian war for the revolutionary war, much as petraeus is enough to team public and what we got rid george washington? bill clinton is not the first and the worst. and there, done that, a long history of it. it pains me to say even abraham lincoln visited a. say it isn't so, but it happened. the details on matters itchy. there's not a lot of letters written about this, but lincoln's best friend was joshua speed and speed was perhaps as dashing and from unlucky with the ladies as lincoln was homely and awkward unlucky in romance. they always called one another by their last names. speed, lincoln. speed and that is linking his door and didn't have a place to stay, so what can let speed stay upstairs
found out about fdr's misbehavior one of which are fdr out of office and demanded his visit nation economy was recovering? on way back to the french and indian war. the young george washington was writing romantic letters to a woman who was not mrs. washington. name is sally fairfax, an attractive, older sophisticated neighbor. what if washington's letters have become public during the french and indian war for the revolutionary war, much as petraeus is enough to team public and what we got rid...
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Jan 21, 2013
01/13
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if you didn't grow the government or economy at all. why have we put ourselves in a position? the fact is we are now, the federal reserve has increased its balance sheet. this created $2 trillion with the funny money. it is going to fall in the middle class in a very poor country and is going to defeat with both already said they want and yet we don't have the courage to do to make the tough choices if it means we lose their seats to secure the future for this country. we put ourselves first and said of the country first. if any american citizen breed back in black, go to her website every day, there's a lot of commonsense ways to save money. just this last week the air force announced in the federal government this year were going to
if you didn't grow the government or economy at all. why have we put ourselves in a position? the fact is we are now, the federal reserve has increased its balance sheet. this created $2 trillion with the funny money. it is going to fall in the middle class in a very poor country and is going to defeat with both already said they want and yet we don't have the courage to do to make the tough choices if it means we lose their seats to secure the future for this country. we put ourselves first...
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Jan 20, 2013
01/13
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KPIX
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. >> just felt like the economy was starting to turn and at the same time, the interest rates kept getting lower and lower. that created a sense of urgency. >> reporter: they are hardly alone. at this development east of los angeles, sales have tripled over the last year. they're now selling homes faster than they can build them. >> this community is hoppin''. there's a lot of activity. >> reporter: real estate agent rose broghamer says it's a stark contrast to the scene here five years ago when the real estate boom went bust. there was a period where this was kind of like a ghost town. >> that's a really good word for it. it was very desolate. i did a lot of short sales helped a lot of people move out of their homes, out of their dream homes and had nowhere to put them. >> reporter: and now it's exactly the opposite. >> absolute. now we're seeing it come full circle. >> reporter: and then some. >> this is our master bedroom. >> reporter: the omens haven't even furnished their four-bedroom home with a view but they've already been approached by people asking. >> are you interested in selli
. >> just felt like the economy was starting to turn and at the same time, the interest rates kept getting lower and lower. that created a sense of urgency. >> reporter: they are hardly alone. at this development east of los angeles, sales have tripled over the last year. they're now selling homes faster than they can build them. >> this community is hoppin''. there's a lot of activity. >> reporter: real estate agent rose broghamer says it's a stark contrast to the scene...
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Jan 13, 2013
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KPIX
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information risks, fees and expenses to read and consider carefully before investing. >> you really having a mid-life crisis. >> really. i was afraid of that. >> it's sunday morning on cbs and here again is charles osgood. >> osgood: scarlett johansson built a loyal following with roles in movies like the 2003 film "lost in translation" where she starred opposite bill murray. the question now is whether all those movie fans will follow her to the broadway theater which is where anthony mason caught up with her with some questions and answers. >> reporter: beating up bad guys last summer as the black widow was part of a career transition for one of hollywood's greatest sex symbols. the next step will take scarlett johansson from the sound stage to the broadway stage. sometimes you wander around the theater
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information risks, fees and expenses to read and consider carefully before investing. >> you really having a mid-life crisis. >> really. i was afraid of that. >> it's sunday morning on cbs and here again is charles osgood....
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Jan 20, 2013
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KPIX
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it can shut down half those cylinders for better fuel economy. and the interior now looks and feels much more like its european competitors >> pretty much anything that you can hear, feel or touch, you can pretty much customize it all >> reporter: this man is the corvette's chief engineer. and this is his baby. and it's the only one >> you're the first outside person >> reporter: am i really? to sit in one of these. reporter: so he was understandably a little nervous about taking us on its first ride. >> it just feels... i don't even know how to describe it. >> reporter: it will do 0 to 60 in less than four seconds. top speed: upwards of 190 miles an hour. >> there's no doubt in my mind that we'll be fully competitive with pretty much any other car: porsche, ferrari, you name it. >> reporter: if you had one word to describe this new vet what do you think it would be? >> wow. reporter: tom peters is the head of corvette design in charge of sculpting the body to make it fast and functional. >> this probably might have taken as much creative energy
it can shut down half those cylinders for better fuel economy. and the interior now looks and feels much more like its european competitors >> pretty much anything that you can hear, feel or touch, you can pretty much customize it all >> reporter: this man is the corvette's chief engineer. and this is his baby. and it's the only one >> you're the first outside person >> reporter: am i really? to sit in one of these. reporter: so he was understandably a little nervous...
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Jan 21, 2013
01/13
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WUSA
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we have a tough economy we need to grow our way out of. that will need attention. we also have moral issues that really need to be addressed like gun violence in society. we have immigration reform that's so necessary for our long-term health of the nation. i think these are issues that people understand are urgent and need care and attention now. >> senator, chuck schumer said he will support chuck hagel for defense secretary. will you?h him one-on-one so i can make sure the concerns i have can be addressed. i have had a brief phone call with him on issues i care deeply about, issues of iran, with regard to women in the millitary, and implementing the don't ask don't tell repeal. >> i know many people pointed fingers at house republicans for being obstructionists but democrats in the senate have not the put forward a budget. do you expect that to change? >> we did have a budget. it was the budget act of last year. it is what has mandated the tough cuts that are facing us in the future. the sequestration is because of the budget we put in place. we're going to look
we have a tough economy we need to grow our way out of. that will need attention. we also have moral issues that really need to be addressed like gun violence in society. we have immigration reform that's so necessary for our long-term health of the nation. i think these are issues that people understand are urgent and need care and attention now. >> senator, chuck schumer said he will support chuck hagel for defense secretary. will you?h him one-on-one so i can make sure the concerns i...
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Jan 19, 2013
01/13
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KPIX
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is it the economy or something else? >> i think a lot of it has to do with the economy and the fact that it's a second inauguration and most people don't have the same excitement about it. but it is 40,000 people. >> sure. >> and it's going to be a crush, i can only tell you that. and if you get a peanut or a pretzel pretzel, you're really lucky. >> when the obamas came to washington, a lot of people thought it was going to be the second coming of cam aelot a swirling around him. did that happen? >> they were really expecting excitement and they were expecting to see the obamas around town and to be invited to the white house and all that. no, it has not happened. somebody was asking me what the social life was like in washington, and i said well, there is no social life in washington. it's like little tiny dutchies all over the city where people have their own little friends and they see each other, but there's no kind of expansive social life that revolves around the white house. >> is that unusual? >> yes. it's gotten
is it the economy or something else? >> i think a lot of it has to do with the economy and the fact that it's a second inauguration and most people don't have the same excitement about it. but it is 40,000 people. >> sure. >> and it's going to be a crush, i can only tell you that. and if you get a peanut or a pretzel pretzel, you're really lucky. >> when the obamas came to washington, a lot of people thought it was going to be the second coming of cam aelot a swirling...
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90
Jan 17, 2013
01/13
by
CNN
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i think during the first term, because of the incredible demands involved in preventing the economy from going into a great depression got a lot of leeway in terms of not spending personal time with member, leaders, both elected and non-elected, not opening up the white house. yop think he'll be able to do that and maintain his coalition over the next four years and i think that's going to require a lot of growth on his part. >> do you think it was legitimate, the criticism, even the suggestions he got, look, you've got to reach out more, even to people you don't like or agree with? >> some of it was legitimate, but what i don't think that people gave a fair amount of discussion to was the out-sized amount of venom direct the at this president. and i don't think that people had a real sense of just how bad things were in america. and i think that the president intentionally did not want to convey how terrible things were. because fundamentally, he's an optimist and the a pragmatist. so he really wouldn't walk around and describe to you, except in very rare times, how terrible things were
i think during the first term, because of the incredible demands involved in preventing the economy from going into a great depression got a lot of leeway in terms of not spending personal time with member, leaders, both elected and non-elected, not opening up the white house. yop think he'll be able to do that and maintain his coalition over the next four years and i think that's going to require a lot of growth on his part. >> do you think it was legitimate, the criticism, even the...
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Jan 15, 2013
01/13
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CNNW
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that hit markets and the wider economy hard, but it didn't cause interest rates to increase. this time could be different, however, because the rest of the world is getting its act together. even successful businesses like ford are worried. here's what ceo alan mulally told me today. >> i think the most important thing to your point is that we come together around a solution that allows us to live within our means, to reduce our budget deficits, and also to deal with our trade deficits, and create an environment where the businesses can grow in the united states. the most important thing is we come together with a comprehensive solution, not just working one piece or the other, but a comprehensive solution where we can start to grow the economy again for everybody. >> but the order in which we do things matters. first, raise the debt ceiling, allowing america to pay for its bills that it already racked up. then come up with a longer term plan that could put us back in fiscal good health. america's ability to meet its obligations should not be held hostage to an agreement on s
that hit markets and the wider economy hard, but it didn't cause interest rates to increase. this time could be different, however, because the rest of the world is getting its act together. even successful businesses like ford are worried. here's what ceo alan mulally told me today. >> i think the most important thing to your point is that we come together around a solution that allows us to live within our means, to reduce our budget deficits, and also to deal with our trade deficits,...
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Jan 15, 2013
01/13
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CNNW
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they want congress to work together to get its act together and get the economy moving. >> the american people also elected another house of representatives, a republican house of representatives, and that is our most direct form of representation in the federal government, the house of representatives, and they're the ones that control the purse strings. we have to do something. this isn't -- the thing is this is not about party politics. this is about the solvency of this country, it is about this country being the greatest nation on earth. it's our greatest threat to our national security. >> some people would say it is about party politics and some people, frankly, blame the tea party for this terrible gridlock in the house of representatives. there's a tea party group in south florida that's going to change its name to not include the tea party because the public reacts so negatively to that title now. >> i think that's because we have been, i mean just given a bad rap. all we're about is fiscal responsibility. we're not about social issues. all we want is washington to live within
they want congress to work together to get its act together and get the economy moving. >> the american people also elected another house of representatives, a republican house of representatives, and that is our most direct form of representation in the federal government, the house of representatives, and they're the ones that control the purse strings. we have to do something. this isn't -- the thing is this is not about party politics. this is about the solvency of this country, it is...
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57
Jan 15, 2013
01/13
by
CSPAN2
tv
eye 57
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but i want to see our economy recover. i would like to see this. i would like to see the labor market, fiscal policy addressed the issues that were mentioned. obviously difficult issues out there, but i do think things are moving, you know, not as fast as we would like. in that direction i am cautiously optimistic about the next oliviers. >> thank you. [applause] well, as i mentioned, i'm sure that there are a great many questions that have already been shared with our presenters, so let me turn the floor to them. >> thank you for your comments, chairman bernanke command for your comments. i am master's student. the first question is, if treasury had a trillion dollar platinum coin, with they have made in the count? if not, why not. >> well, i'm not going to give that any oxygen. [laughter] as you probably know, the treasury and the federal reserve over the weekend, the treasury issued a statement to which the federal reserve approved stating that we did not think this was the right way to deal with this problem. i mean, there are legal issues, pol
but i want to see our economy recover. i would like to see this. i would like to see the labor market, fiscal policy addressed the issues that were mentioned. obviously difficult issues out there, but i do think things are moving, you know, not as fast as we would like. in that direction i am cautiously optimistic about the next oliviers. >> thank you. [applause] well, as i mentioned, i'm sure that there are a great many questions that have already been shared with our presenters, so let...
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91
Jan 17, 2013
01/13
by
CSPAN2
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eye 91
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and global economy. s-sierra .2% are not. the very existence threatens economic and financial stability and furthermore regulators in many small banks are tied up in regulatory and legal knots in an enormous direct costs in large and costing him his the operation of our economy. your .2% if the administration and the congress can agree as recently as two weeks ago on legislation that affects the 1%. surely can process the solution that affects your .2% of the nationsbank less costly, less complex, former effect adventure and one. argue with the time has come to change the decision-making paradigm. there should be more than that to present solutions, which are bailout for the end of the world economy as we know it. both choices are unacceptable. the next financial crisis could cost for the two years of output, which was boston would be borne by millions more u.s. taxpayers. that her highness caused must be weighed against the posted benefit of maintaining today to fill status quo and to us at the dallas f
and global economy. s-sierra .2% are not. the very existence threatens economic and financial stability and furthermore regulators in many small banks are tied up in regulatory and legal knots in an enormous direct costs in large and costing him his the operation of our economy. your .2% if the administration and the congress can agree as recently as two weeks ago on legislation that affects the 1%. surely can process the solution that affects your .2% of the nationsbank less costly, less...
119
119
Jan 16, 2013
01/13
by
CSPAN
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eye 119
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the economy is hurting. the economy is waiting to take off if the president and the senate that is bogging down bills that would free up the economy to go -- if they would get out of the way, this economy would go and people would get to work, wouldn't need unemployment and wouldn't need to beg to the master government, but do it on their own as free people. it's time to get back to following the rule of law. it's time to get back to having a government that doesn't put off the current debt on future generations, because if we don't , our names will not be called blessed by future jean rations. den jations. we will be cursed. it is my prayer that we get to be responsible in the coming months and the only way we can get there is if people are honest about our history. and with that, i yield back. the speaker pro tempore: the gentleman yields back the balance of his time. the chair will remind members to refrain from engaging in personalities towards the president for what purpose does the gentleman from texas
the economy is hurting. the economy is waiting to take off if the president and the senate that is bogging down bills that would free up the economy to go -- if they would get out of the way, this economy would go and people would get to work, wouldn't need unemployment and wouldn't need to beg to the master government, but do it on their own as free people. it's time to get back to following the rule of law. it's time to get back to having a government that doesn't put off the current debt on...
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81
Jan 16, 2013
01/13
by
CSPAN
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eye 81
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and a lot of the revenue coming into these economies is coming from tourism. they come to see historic structures. they come to see the way that many parts of the northeast were. when we were building the foundation of this country. that money should be made available in whole with federal dollars. mr. frelinghuysen's amendment is right on point. it needs to be included. so i know i'm getting to -- i've got a good speech written to thank you. we've got wonderful staff. but the fact is this is an opportunity -- mrs. lowey: i'm pleased to yield another minute. mr. moran: another minute. thank you, thank you, madam chair. the fact is that this is an opportunity to show what we're all about. do unto others as we would have them do unto us. let's make this money available. let the northeast repair itself, heal itself, get that economy back on its feet, start returning revenue to the federal government. the fact is that these northeast states contribute more to the federal treasury than they get out of the federal treasury. so let's get this done. and we want to rec
and a lot of the revenue coming into these economies is coming from tourism. they come to see historic structures. they come to see the way that many parts of the northeast were. when we were building the foundation of this country. that money should be made available in whole with federal dollars. mr. frelinghuysen's amendment is right on point. it needs to be included. so i know i'm getting to -- i've got a good speech written to thank you. we've got wonderful staff. but the fact is this is...
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103
Jan 14, 2013
01/13
by
CNBC
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eye 103
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yet the economy is -- the real economy is trading somewhat off its highs. if you look at europe, for example, where the headlines have been negative. the news flow has been awful. performance has been awful as well. so the market in europe has more reflected the performance of the real economy than it has here in the u.s. the fed qe program, the safe haven of the u.s. has caused money to flow to this part of the world. i think that leaves the u.s. a little pricier and perhaps more of a risk. >> it takes courage to fight the fed, though, right? >> absolutely. but ultimately and jack said it, fundamentals do matter. i think the market will reflect those. >> i heard active management does better in down markets than the index. they do better in the up markets. >> no question about it. and if you looked at the '08 to first quarter of '09 period, many people left them, haven't come back. god forbid we have another experience like that. then you'll see the index funds have a hard time recapturing the momentum. >> you see a blend of active and passive? >> i think
yet the economy is -- the real economy is trading somewhat off its highs. if you look at europe, for example, where the headlines have been negative. the news flow has been awful. performance has been awful as well. so the market in europe has more reflected the performance of the real economy than it has here in the u.s. the fed qe program, the safe haven of the u.s. has caused money to flow to this part of the world. i think that leaves the u.s. a little pricier and perhaps more of a risk....
140
140
Jan 15, 2013
01/13
by
CNBC
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eye 140
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chances are the economy is going to get better. wouldn't that make you want to buy stocks right now. >> it does. we're not -- we're actually a little bit more bullish, esespecially the first six months of the year. we still are expecting slow growth, commodities where we're shorting assets, but in terms of u.s. and in terms of international, we do expect growth, and we are excited about what's happening, but later on in the year i think it's going to be another story. >> what do you mean by that, later on in the year? what's going to be the upset later on in the year? >> there's a lot more issues coming out in terms of europe later in the year. right now it's all about -- it's all about expectations of positive growth that we have in the u.s., but, you know, we still have issues, and investors have got to focus on -- we've got an incredible spending problem. there's still problems in europe so we don't really believe that this year is going to be like last year, but we do expect small positive returns though. >> rick santelli, i wa
chances are the economy is going to get better. wouldn't that make you want to buy stocks right now. >> it does. we're not -- we're actually a little bit more bullish, esespecially the first six months of the year. we still are expecting slow growth, commodities where we're shorting assets, but in terms of u.s. and in terms of international, we do expect growth, and we are excited about what's happening, but later on in the year i think it's going to be another story. >> what do you...
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140
Jan 16, 2013
01/13
by
CNBC
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eye 140
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grow the economy by bringing in some certainty to it. if he wants to fight hard for tax rate increases, he ought to be fighting just as hard for spending cuts. >> you know, governor, he made an interesting point during his news conference this week where he said if -- if this debate is just about reducing the fiscal deficit, he's on board and let's get it done, but he suspects that there are a lot of conservative republicans out there for whom this debate is about the bigger picture of the role the federal government plays in americans' lives, and he said that's not a debate he wants to have. he doesn't want to be cutting entitlement programs just because conservatives want to reduce the role of government in americans' lives. is it possible we're having two simultaneous debates at once here? >> well, he's got to reconcile the differences. almost like saying i know i'm overweight but don't ask me to go on a diet. i mean, there's got to be efficiencies found in the federal government. the fact that we're cutting spending doesn't mean that
grow the economy by bringing in some certainty to it. if he wants to fight hard for tax rate increases, he ought to be fighting just as hard for spending cuts. >> you know, governor, he made an interesting point during his news conference this week where he said if -- if this debate is just about reducing the fiscal deficit, he's on board and let's get it done, but he suspects that there are a lot of conservative republicans out there for whom this debate is about the bigger picture of...
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178
Jan 14, 2013
01/13
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CNBC
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eye 178
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economy hostage. here's the president. >> they will not collect a r ransra ransom in exchange for not crashing the american economy. the financial well being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. and they'd better choose quickly because time is running short. >> and house speaker john boehner responded quickly saying the house republican majority will do the responsible thing. will make sure the nation meets its obligations, will keep the government running. that's trying to take that specter of the government shutdown off the table. we've got a real confrontation brewing because the president says i'm going to break the habit of crisis-driven fiscal negotiations. and if he succeeds in that, somebody's going to have to break. we're going to find out pretty soon. because the debt ceiling could be hit in as little as one month from now. >> it's interesting that we still haven't had any ideas, though, on spen
economy hostage. here's the president. >> they will not collect a r ransra ransom in exchange for not crashing the american economy. the financial well being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. and they'd better choose quickly because time is running short. >> and house speaker john boehner responded quickly saying the house republican majority will do the responsible thing. will make...
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253
Jan 15, 2013
01/13
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CNBC
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debt as well as the global economy. according to rex macy it is. he thinks there's a good chance that risk fears will rise and, therefore, the market will pull back. will that be the moment for investors to get in. good to see you, gentlemen. thanks so much for joining us. what are you expecting in terms of this market 2013? >> sure. well, right now we're at 1472 on the s&p. we think it's going to go marginally higher from here, but it's not going to be a smooth ride. we've got a vix at 13 and change. that's too low. that's where the complacency comes from. you see it there. as we move into the debt ceiling debate, it can be far harder to solve than the taxes, we think the market can be down for a while, and before it comes back up. >> so you're looking for a decline, and perhaps that is an entry point for some. do you agree with that? >> i think any decline is an opportunity to buy, maria. i'm very, very bullish on u.s. equities and one of the main reasons i am the u.s. energy story which i think is a story that's not being told as well as it shou
debt as well as the global economy. according to rex macy it is. he thinks there's a good chance that risk fears will rise and, therefore, the market will pull back. will that be the moment for investors to get in. good to see you, gentlemen. thanks so much for joining us. what are you expecting in terms of this market 2013? >> sure. well, right now we're at 1472 on the s&p. we think it's going to go marginally higher from here, but it's not going to be a smooth ride. we've got a vix...
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135
Jan 16, 2013
01/13
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CNBC
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what do you think that tells us on where we are in the economy? >> look at numbers of the last week or two, retail production numbers for december, and they were actually pretty good. of course, the employment numbers we already know were soiled, and this is in a period where the uncertainty over the fiscal cliff was reaching a maximum. you know, maria, you think that's pretty encouraging that the economy has managed to cope with a high level of uncertainty. now the thing that kind of bothers me though is i'm a little bit worried that this coping is flipping over to complacency. the vix is now at a six-year low, and it tells me that the market is discounting 100% probability that we get through the debt ceiling without any trouble. that seems too high to me. >> so do you think the market is expecting that? i mean, when would you expect a big change in terms of the interest rate scenario? >> in terms of the interest rate scenario, probably nothing this year. i mean, we're at least a couple years away from a higher move -- a move higher in interest
what do you think that tells us on where we are in the economy? >> look at numbers of the last week or two, retail production numbers for december, and they were actually pretty good. of course, the employment numbers we already know were soiled, and this is in a period where the uncertainty over the fiscal cliff was reaching a maximum. you know, maria, you think that's pretty encouraging that the economy has managed to cope with a high level of uncertainty. now the thing that kind of...